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$2,650,000 Just Listed
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Property Description
this recently renovated 20-room motel offers a compelling investment opportunity in the growing hospitality market of Saco, Maine. Set on 0.93 of acre, the property features bright, modern, and stylish guest accommodations designed to provide comfort and convenience for travelers. In addition to the guest rooms, the property includes two office spaces and a private owner's suite, making it ideal for an owner-operator or professional management. Positioned in a high-visibility, high-traffic corridor, the motel benefits from a strategic location with easy access to local attractions, nearby beaches, and major travel routes. On-site amenities enhance the guest experience while supporting strong occupancy potential. The generous lot size also presents future development potential, with room to add additional structure or units or expand operations--offering investors the opportunity to further increase revenue and maximize returns. Buyers are encouraged to perform their own due diligence regarding development possibilities and local zoning requirements. Whether you're seeking a turn-key hospitality investment or a property with expansion upside, this well-located and renovated motel presents a rare opportunity in the Southern Maine market.
Full Property Details
Full Property Details for 650 Main St
General
- Price: $2,650,000
- Taxes: $10,842 (2024)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1653565
- Updated: Today (3/9/2026)
- Added to Site: Today
Business
- Business Type: Commercial, Development, Hotel/Motel, Office Building
Interior
- Flooring: Carpet
Parking
- Parking Features: 21 or More Spaces, On-Site Parking, Paved
Location
- County: York
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Hot Water, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Wood Frame
- Roof: Shingle
- Building Size: 11688
- Square Feet: 11,688
- Living Area: 11,688 Sq. Ft.
- Year Built: 1955
- Other Struct. Feat.: Security System
Lot Features
- Lot Size (Acres): 0.93
- Lot Size (Sq. Ft.): 40,510.8
- Land Lease Avail: Yes
- Zoning: B-2b
- Lot Description: Near Shopping
Financial Considerations
- Tax Amount: $10,842
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 010-001
Listed by American Real Estate (207) 331-5131
Get Pre-Approved Today
Schools
Schools serving 650 Main St
School District:Saco Public Schools
| Name | Grades | Distance |
|---|---|---|
C K Burns School 135 Middle Street, Saco, ME 04072 | 3-5 | 1.1 mi |
Young School 36 Tasker Street, Saco, ME 04072 | K-2 | 1.4 mi |
Saco Middle School 40 Buxton Road, Saco, ME 04072 | 6-8 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 650 Main St
Date
Details
Price
Change
Source
3/09/2026
Listed
$2,650,000
253.33%
MLS
4/29/2022
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 650 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,842
-5%
$771,700
—
2023
$11,383
8%
$771,700
34%
2022
$10,565
-1%
$576,400
2%
2021
$10,707
-2%
$567,100
2%
2020
$10,891
1%
$553,700
—
2019
$10,731
4%
$553,700
4%
2018
$10,361
—
$534,600
—
2017
$10,361
9%
$534,600
9%
2016
$9,549
1%
$491,700
—
2015
$9,450
3%
$491,700
—
2014
$9,155
—
$491,700
—
2013
$9,136
—
$491,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 650 Main St
650 Main Street, Saco, ME 04072 (MLS# 1653565) is a Commercial property. 650 Main Street is currently listed for $2,650,000 and was received on March 09, 2026. Want to learn more about 650 Main Street? Do you have questions about finding other Commercial real estate for sale in Saco? You can browse all Saco real estate or contact a Coldwell Banker agent to request more information.

